re: Ann: BRM: Wah Nam acquires over 90% relev...
Yes, BRM will get delisted once the take over is complete.
WNI still have to fund the mine development and get a rail deal but at the rate they keep printing shares, dilution will be a big issue also.
There was also recent media speculation that suggested BRM could lose its port allocation in future. Even though it looks like I'm soon to be a WNI shareholder (sadly) I'd love nothing more than to see WNI fall flat on its face.
WNI Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held
